Cummins Inc. (NYSE:CMI) is included among the 15 Dividend Stocks that Outperform the S&P 500.
On November 25, Argus raised its price target on Cummins Inc. (NYSE:CMI) to $573 from $459 while maintaining a Buy rating. The firm noted that as one of the largest independent diesel engine manufacturers, the company stands to benefit from high refined and distillate fuel costs compared with natural gas, as well as from increasingly strict environmental regulations in the US and abroad. The analyst also highlighted the company’s track record of navigating challenging economic conditions, which could become relevant under recently enacted tariff and trade legislation.
Cummins Inc. (NYSE:CMI) reported third-quarter sales of $8.3 billion, down 2% from the same period in 2024. The decline was mainly due to weaker demand for North American heavy and medium-duty trucks, with unit volumes falling 40% year over year. These declines were largely offset by strength in global power generation markets, higher light-duty truck volumes, and favorable pricing.
In October 2025, Cummins Inc. (NYSE:CMI) announced a partnership to test one of its prototype hydrogen-powered internal combustion engines in an intercity bus from Turkish-Japanese automaker Anadolu Isuzu. The engine matches the performance of a natural gas engine while producing significantly lower emissions.
Cummins Inc. (NYSE:CMI) is a global power solutions company producing advanced diesel, natural gas, electric, and hybrid powertrains, as well as related components.
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